KUALA LUMPUR: Sime Darby Plantation Bhd
(SDP) said its board of directors has approved the company’s divestment of its entire 100% stake in Sime Darby Plantation Liberia Inc (SDPL) to Mano Palm Oil Industries (MPOI).
In a filing with Bursa Malaysia yesterday, SDP said this decision was part of the company’s current asset monetisation exercise, which includes the divestment of under-performing assets or assets that have achieved its full value potential for disposal.
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